Keeping Your Co-op Full
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Alberta Co-operatives Act
Province of Alberta
PEI Co-operative Associations Act
Province of PEI
New S61 Mortgage Prepayment Deadlines
Date
20 December 2018
For a limited time, S61 co-ops can apply to pay out their high-interest Canada Mortgage and Housing Corporation (CMHC) mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be
Cannabis Legalization and Housing Co-ops
The Co-operators
Ontario Gas Companies Offer Energy-Saving Programs
Date
5 February 2019
We may be in the depths of winter, but we can still save energy while staying warm. Enbridge Gas and Union Gas have announced several free Ontario-wide programs that will help qualified co-ops and their members save money and energy this winter.
Enbridge Gas
Enbridge Gas has a no-fuss application
National Housing Co-Investment Fund Criteria
Date
8 February 2019
In July 2018, we reported on CMHC’s National Housing Co-Investment Fund as an opportunity for Agency clients. Interest in this loan and grant program is growing; to date Canada Mortgage and Housing Corporation (CMHC) has received in excess of 200 applications since April. In response to feedback
For a Greener Planet
Date
7 March 2019
Is your co-op planning a small, sustainable project to save money and help the environment? The Co‑operative Housing Federation of Canada’s Greener Co-op Migrogrants program provides co-ops with grants of up to $4,000 for environmental projects. Simple changes can often have a great impact in
Tip of the Month
Vacancy Loss
The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.